Illinois State Museum Society Museum Building

Organization Overview

Illinois State Museum Society Museum Building is located in Springfield, IL. The organization was established in 1958. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Illinois State Museum Society Museum Building employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois State Museum Society Museum Building is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Illinois State Museum Society Museum Building generated $760.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $852.5k during the year ending 06/2023. While expenses have increased by 3.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO SUPPORT THE EDUCATIONAL AND RESEARCH PROGRAMS OF THE ILLINOIS STATE MUSEUM SYSTEM. IT PROVIDES THE OPPORTUNITY FOR PEOPLE TO DISCOVER AND EXPERIENCE THE MUSEUM'S DYNAMIC OFFERINGS RELATED TO THE NATURAL AND CULTURAL HERITAGE OF ILLINOIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVICE TO THE MUSEUM AND PUBLIC (RESEARCH, COLLECTION, AND OTHER ACTIVIES RELATED TO SCIENCE, ART, AND HISTORY)


SERVICE TO MEMBERS (ACTIVITIES RELATED TO MEMBERS AND MEMBERSHIP PROMOTION)


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Board, Officers & Key Employees

Name (title)Compensation
Bryan Finn
Chair
$0
Clayton Hamrick
Treasurer
$0
Matt Berry
Vice Chair
$0
Dr Lynn Fisher
Secretary
$0
Erica Austin
Board Member
$0
Jacob Thornton
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$23,588
Fundraising events$0
Related organizations$0
Government grants $254,706
All other contributions, gifts, grants, and similar amounts not included above$398,251
Noncash contributions included in lines 1a–1f $4,334
Total Revenue from Contributions, Gifts, Grants & Similar$676,545
Total Program Service Revenue$10,997
Investment income $60,497
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$55,892
Net Income from Fundraising Events $4,754
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $63,537
Miscellaneous Revenue$0
Total Revenue $760,471

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